Demographics: China’s Economic Catastrophe

Demographics: China’s Economic Catastrophe
A poster of former Chinese leader Deng Xiaoping in Shenzhen, in southern China's Guangdong Province, on Nov. 8, 2018. Wang Zhao/AFP via Getty Images
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Commentary

Ever since Beijing announced a few months ago that China’s population is shrinking, commentary has speculated on how the trend will set back the nation’s economic prospects. The concern is warranted. Chinese demographics will hamstring the once-booming economy.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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